Excise tariff amendment for aluminium wire rods updates duty rates and removes a proviso altering duty-credit treatment. Amendment substitutes Sl. No. 4 to create two tariff entries for wire rods produced by manufacturers other than primary producers: (i) wire rods for which no credit of duty on ingots or billets has been taken under rule 56A or rule 57A, with a specified duty rate per tonne; and (ii) wire rods produced by manufacturers other than primary producers with a higher specified duty rate per tonne. The notification also omits the third proviso. Changes are made under sub-rule (1) of rule 8 of the Central Excise Rules, 1944.
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Excise tariff amendment for aluminium wire rods updates duty rates and removes a proviso altering duty-credit treatment.
Amendment substitutes Sl. No. 4 to create two tariff entries for wire rods produced by manufacturers other than primary producers: (i) wire rods for which no credit of duty on ingots or billets has been taken under rule 56A or rule 57A, with a specified duty rate per tonne; and (ii) wire rods produced by manufacturers other than primary producers with a higher specified duty rate per tonne. The notification also omits the third proviso. Changes are made under sub-rule (1) of rule 8 of the Central Excise Rules, 1944.
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